Amazon growth slows, while profit margins expand

Amazon.com’s revenue growth slowed in the first quarter as the world’s largest Internet retail struggled overseas, but margins jumped on lower shipping expenses and the expansion of more profitable new businesses.

“The message there is North America was better than expected but international was softer. The question is ... ‘Is this a reflection of macro trends in Europe, or is there something else going on there?’” said Telsey Advisory Group analyst Tom Forte.

via Business feed http://www.scmp.com/business/companies/article/1223535/amazon-growth-slows-while-profit-margins-expand